Live from london this live from london this is business todAy. Is business todAy. We stArt in the Red SeA where irAn bAcked Yemeni Houthi rebels AttAcked two more Crude Oil TAnkers with missiles And drones on mondAy in whAt us CentrAl CommAnd cAlled Reckless Acts of terrorism. LAte lAst week the group releAsed these pictures of Another AttAck on the greek flAgged tAnker sounion. Since the houthis begAn tArgeting ships in support of the pAlestiniAns over the GAzA WAr bAck in november they hAve lAunched more thAn 70 AttAcks, sinking two vessels, Seizing Another And killling At leAst three seAfArers. The economic impAct hAs been felt fAr beyond the region with ships forced to divert on A long And costly detour Around the horn of AfricA. West coAst soAred 389 Betwen December And july. From AsiA to europe its been even more expensive up 469 over the sAme period. Those prices hAve eAsed A little since but Are still mAssively higher thAn when the houthis begAn their AttAcks. Peter sAnd is Chi
the us federal reserve ona charge! uk sales of electric cars overtook diesels last year for the first time. but it s still a long road to recovery for the auto industry. a wave of strike action, a growing cost of living crisis and huge pressure on health services just some of the problems mounting up for the uk this winter. so on wednesday prime minister rishi sunak used his first major speech of the year to promise to fix the uk economy. alongside pledges to tackle long waiting lists for medical treatment and stop illegal immigration mr sunak said he d slash the rate of inflation, restore growth and cut government debt. first, government debt. we will halve inflation this first, we will halve inflation this year to ease the cost of living and give people financial security. second, we will grow the economy, creating better paid jobs an opportunity right across the country. third, we will make sure our national debt is falling, so that we can secure the future of public ser
the id7 at the consumer electronics show in las vegas. vw s brand chairman thomas schafer has been speaking to the bbc s jagdip cheema. he said he s confident the new vehicle would appeal to the mass market despite the current cost of living crisis. first of all, this vehicle is special because it will round up special because it will round up our portfolio, it is a full size where you have long range about 700 kilometres and wl tv range so we can scale it and offer it on a price range that is very competitive. you want over half of your sales in the us to be electric ljy sales in the us to be electric by 2030. currently tesla holds two thirds of the electric market in the us, how do you compete against that? electric mobility is compete against that? electric mobility is becoming compete against that? electric mobility is becoming more i compete against that? electricj mobility is becoming more and more mainstream, you can see that america has now reached the tipping point a